Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by AlcoHoDL (1)
Buy the rumor is where we are now and sell the news when ETF recieved approval next month.
Price could rise to $50.000 before years end.
Instead of a god green candle i anticipate a massive $10.000 - $20.000 red candle for a complete resett.
Price could rise to $50.000 before years end.
Instead of a god green candle i anticipate a massive $10.000 - $20.000 red candle for a complete resett.
Yes.. you gotta get BIGGER with your expectations.. especially since you have been expecting this since $31k-ish.
Must not be a good position to be in.. to have had failed/refused to buy when we were in the $24k to $27k zone for around 2 months... between mid August to mid-October... .. was not even that long ago.. and sure it could happen.. but a retesting is not always the most painful way... and that is why the most painful way can sometimes hurt even more when you had failed/refused to sufficiently/adequately stack cornz.
More sustainable might be another story.
I absolutely despise that word.When does your ass become unsustainable?
The use of such word depends upon context... so stop being such a hater upon the attempts to communicate meaning, even as flawed and imprecise some of us might be from time to time.
I don’t think we spend another week below $39K. There is just too much demand at the moment.
How about the next 2-3 months?It is not impossible, but it doesn't seem too likely that we would stay below $39k for the next 2-3 months... but never say never.
My golden rule: "buy when you can, sell when you must." Has served me well, and has given me the needed time and patience to reach that 1.4x / per year. Will it slow down? Will it speed up? I can't say. What I know is that no one has ever lost by investing in Bitcoin, given sufficient maturity (at least one cycle). And that's that.
Good strategy, but only second best to the chunk selling of your corn at the peak of every cycle.Your strategy is worry-free and solid, but the chunk selling one, ensures that you gradually become a larger holder.
Selling at the top assumes a couple of matters. 1) being able to identify the top, and 2) being in the BTC accumulation game for long enough (or to have had stacked enough) that it actually makes sense to sell rather than to just keep accumulating.
If they ask directly, just say you became an "investor" and you eventually became wealthy on your "investments".
That is all. They don't need to know exactly how you did it. They don't need those details.
This cartoon illustrates the fact that they wouldn't have the balls and determination for it anyway.
I met people who got all in, because I was honest with them, and because they understood what BTC stands for.
There are different ways to BTC land... and if I can help a curious friend, I will.
I don't mind sharing either, but a true rare beast that would end up engaging in some kind of a relatively aggressive investment strategy into BTC after such purported orange pilling.. and it seems that we (you and I, Gachapin) had this conversation previously.